Just to be in the same company with CNOOC has got to be worth a few cents to the share price,imo? CNOOC market price $85 Billion
Bluff holds the key, if CNOOC are pleased with the results and push comes to shove, CNOOC can come up with the finance to do a farmin, JV or even buyout. These guys are backed by the Chinese central government, money is not an option and they have the desire to master the art of shale oil extraction.
SSN Price at posting:
4.3¢ Sentiment: Buy Disclosure: Held
